- Odds Of Winning Megabucks Jackpots
- Odds Of Winning Megabucks Jackpot Winners
- Odds Of Winning Megabucks Jackpot Powerball
The Megabucks Doubler features 4 prize divisions. To win any prize in Megabucks Doubler, you have to match 3 numbers. Chances to hit the Megabucks Doubler jackpot are 1: 13,983,816. To see all the Megabucks Doubler odds, go to the REVIEW tab. Megabucks Slot Odds. Strange as it may seem, there is no official information about the probability of winning the Megabucks jackpot. Some casinos say that the player has one chance out of 50 million, while others claim that this is one chance of 17 million. Lottery organizers tend to seek a balance between setting up a game with unfavourable jackpot odds (which will result in higher jackpots and therefore higher ticket sales) and setting up a game with favourable lottery odds (so that players will have a relatively good chance of winning prizes). The odds of winning a jackpot prize are the lowest of all and that’s because you would need to match all the numbers drawn (main numbers and additional numbers) to win the prize. Jackpot odds are not dependent on ticket sales. If 1,000 tickets are sold or 10,000 tickets are sold, the odds of winning the jackpot remain the same. Megabucks Slot Odds. Strange as it may seem, there is no official information about the probability of winning the Megabucks jackpot. Some casinos say that the player has one chance out of 50 million, while others claim that this is one chance of 17 million.
- Megabucks
Megabucks is the Oregon draw game that boasts a $1 million starting jackpot that grows until someone wins it! This OR-exclusive game has created over 240 millionaires and recently produced half of the state’s top ten highest-dollar winners. Win the jackpot by matching all six winning numbers drawn.
With three draws per week, every Monday, Wednesday and Saturday at 7:29 PM PT, there are plenty of chances to win. On drawing days, there is a draw break from 7:29-7:30 PM when you cannot purchase or validate tickets.
How to Play
For just $1, you'll get two sets of numbers ($0.50 per game). You can play up to a maximum of ten games for $5.
Another option is Jackpot Trio, a fast way to buy tickets for all three jackpot games and get your chance to win the largest Oregon Lottery prizes. Ruby red casino. For $5, you'll receive a Quick Pick ticket each for Mega Millions ($2 value), Powerball ($2 value), and Megabucks ($1 value).
Each Megabucks play slip contains 10 game boards with letters A through J. For each game you want to play, choose six different numbers from a total of 48 on the game board. You can also ask the retailer for a Quick Pick to have your numbers randomly generated by the terminal.
You can also add the Kicker multiplier option, which offers the chance at bigger prizes if you match three of six, four of six, or five of six winning numbers. If you match four or five numbers, you win four times as much. Match three numbers and you'll win $4. Kicker costs an extra $1 for every $1 Megabucks play.
If you'd like to play your lucky numbers in future games, you can save yourself the extra trips by purchasing consecutive drawings. If you buy 26 consecutive drawings, you'll get a discounted price of $25. Using a game slip, you can play your numbers for the following number of future draws: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 20 or 26. At a lottery terminal, you can play one through 24 or one through 26 advance games.
Prizes and Odds of Winning
During each draw, six winning numbers out of 48 are randomly selected.
If you match all six numbers, you win the jackpot. You can choose to receive your prize as an annuity paid out in equal installments over 30 years, or receive half the advertised value as a single lump sum.
Below are the prizes you win if your numbers match the winning numbers drawn, and the odds in each prize tier.
The Kicker column shows each prize level with the multiplier added.
Match | Prize | Odds | Kicker |
---|---|---|---|
6 | Jackpot* (minimum $1,000,000) | 1 in 6,135,756 | Kicker does not apply to jackpot |
5 | Pari-mutuel** est. $800 | 1 in 24,348.49 | Prize times 4 |
4 | Pari-mutuel** est. $40 | 1 in 475.34 | Prize times 4 |
3 | Free Quick Pick ticket | 1 in 26.98 | $4 |
Overall odds of winning any prize are 1 in 25.53. *Win or share the jackpot. **The value of pari-mutuel prizes are based on number of tickets sold and number of winners. |
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Nearly every state in the US provides its residents (and visitors) an opportunity at a life-changing lottery jackpot. Notably absent from that list of states is one of the biggest gambling venues in the world: Nevada.
While residents might feel a twinge of jealousy from the frequent news stories of lucky multi-million-dollar-winning lottery players, Nevada doesn’t exactly have a shortage of methods for people to win their own big money jackpots. The most potentially lucrative one of all is Megabucksslot machines.
Responsible for most of Nevada’s biggest money jackpots of all time, Megabucks slot machines are perhaps the closest alternative Nevada has to a true lottery. Megabucks is a simple game with a massive progressive jackpot.
Megabucks: a simple game
It’s likely that most mental images of a slot machine conjure this game to mind. Megabucks slot machines have three reels and one payline going right through the middle of the reels. The game features many of the typical slot machine symbols — 7’s, cherries, and bars — that any slot player has seen numerous times before.
The goal of the game is to match these symbols along the lone payline. That’s it. There’s no intricate series of patterns. How to bet craps. There’s no complicated bonus game to trigger. And there’s no underlying theme associated with the game.
It’s just a matter of whether the player matches three like symbols on the payline or not. Match the symbols, and get paid.
The Megabucks progressive jackpot
While true that Megabucks has a simple game design, that doesn’t mean the game lacks appeal. Rather, it might be one of the most appealing slot machine games available due to its substantial progressive jackpot.
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With a minimum prize of $10 million, the Megabucks progressive jackpot can be an attractive gamble for anyone. Slot players are sure to become most intrigued when the jackpot climbs to its higher amounts.
Twenty or even $30 million jackpots are not unheard of for Megabucks. Each machine linked to the jackpot has the amount prominently posted just above the machine, large enough to see from the other side of a room. There will never be any confusion over a specific jackpot amount.
Megabucks is a standard $1 slot machine. The caveat is that a player must bet the maximum ($3) on a spin to be eligible to win the progressive jackpot. Once the maximum bet is made and the reels are spun, landing “MEGABUCKS” symbols along the payline on each of the reels is what it takes to win the hefty prize. Similar to picking winning lottery numbers, it really is that simple to win the Megabucks jackpot.
If one does manage to win the jackpot, the similarities to lottery winnings don’t end there. Jackpot winners are given a 25-year annuity for their winnings rather than the entire sum all at once. At $3 per spin, going for the jackpot could also be a costly endeavor. As most lottery players can attest, just because a game is simple to play, doesn’t mean it’s easy to win.
So you’re telling me there’s a chance?
Since 2005, when the jackpot was set at a minimum of $10 million, 22 people have won the prize. That’s about two people per year on average in the state of Nevada who find themselves lucky enough to be referred to as Megabucks progressive jackpot winners.
A number of sources seem to agree that the odds of any eligible spin hitting the jackpot is about 50 million to one. It’s a long shot to be sure, but that doesn’t mean it’s not worth trying at all.
To put that into perspective, if it’s worth the time and energy to worry about the dangers of shark attacks when swimming in the ocean or plane crashes when flying in the air, then it’s statistically worth the effort to give Megabucks a few spins in hopes of becoming the next lucky winner. Somebody is going to win it, after all.
With the odds of hitting the jackpot so low and the relatively few ways for a player to win money, it shouldn’t come as a surprise that Megabucks slot machines sports one of the highest levels of volatility in the slot world. Unlike many modern slot machine games, there aren’t an abundance of ways to win amounts close to the cost of a spin.
Essentially, this game amounts to most likely losing the entirety of the bet on a spin, but with a small percentage of spins leading to sizable wins.
Because of these qualities, Megabucks is not likely to attract slot enthusiasts, as they would be looking for a more valuable experience for their money. Since slot seekers would be more focused on the progressive jackpot opportunity, the higher volatility, and relatively low time investment, Megabucks is a popular choice for them.
No end in sight
Lotteries in the US have been popular for hundreds of years and remain popular to this day. It’s clear that the low risk/high reward game model is attractive to many. So long as people dream of the lavish lifestyle that only millions and millions of dollars can provide, they will always be willing to take their chances.
Odds Of Winning Megabucks Jackpots
Serving as Nevada’s de facto lottery, there’s no reason to think Megabucks slot machines will be any different. Anybody with few dollars and a dream knows that an eight-figure payday could be waiting for them the next time they decide to spend a couple minutes playing the slots.
This fact alone will keep seasoned slot players, as well as casual casino-goers, sitting down and trying their luck with Megabucks.
Odds Of Winning Megabucks Jackpot Winners
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